Somewhat Positive Press Coverage Somewhat Unlikely to Impact Baldwin & Lyons (NASDAQ:BWINB) Stock Price

Media stories about Baldwin & Lyons (NASDAQ:BWINB) have been trending somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Baldwin & Lyons earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned press coverage about the insurance provider an impact score of 46.1148344260043 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

NASDAQ BWINB traded down $0.05 during trading hours on Thursday, hitting $23.55. 21,382 shares of the stock were exchanged, compared to its average volume of 23,923. Baldwin & Lyons has a 12-month low of $21.20 and a 12-month high of $25.40.

Baldwin & Lyons (NASDAQ:BWINB) last posted its quarterly earnings results on Thursday, February 15th. The insurance provider reported $0.28 earnings per share (EPS) for the quarter. Baldwin & Lyons had a net margin of 5.02% and a negative return on equity of 0.99%. The firm had revenue of $108.41 million during the quarter.

The business also recently announced a quarterly dividend, which was paid on Friday, March 9th. Shareholders of record on Friday, February 23rd were issued a $0.28 dividend. The ex-dividend date was Thursday, February 22nd. This is a boost from Baldwin & Lyons’s previous quarterly dividend of $0.27. This represents a $1.12 dividend on an annualized basis and a yield of 4.76%.

Separately, BidaskClub raised shares of Baldwin & Lyons from a “sell” rating to a “hold” rating in a report on Tuesday, March 27th.

In related news, Director Steven J. Bensinger bought 6,500 shares of the company’s stock in a transaction on Tuesday, February 27th. The stock was bought at an average cost of $22.92 per share, with a total value of $148,980.00. Following the completion of the acquisition, the director now owns 6,908 shares in the company, valued at approximately $158,331.36. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 38.09% of the company’s stock.

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About Baldwin & Lyons

Baldwin & Lyons, Inc is a specialty property-casualty insurer providing liability coverage for large and medium-sized trucking and public transportation fleets, as well as coverage for trucking industry independent contractors. Through its divisions and subsidiaries, the Company engages in marketing and underwriting property and casualty insurance, including a limited assumption of risks as a reinsurer of other companies.

Insider Buying and Selling by Quarter for Baldwin & Lyons (NASDAQ:BWINB)

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